Tuesday, 11 October 2011

EU asks Israel, Palestinians to meet soon (Reuters)

BRUSSELS (Reuters) ? The European Union said on Sunday it plans to invite Israeli and Palestinian representatives to meet "in the coming days" to discuss resuming peace negotiations.

But it was not immediately clear whether such an invitation could resolve a year-long impasse in diplomacy, as spokesmen for both Israel and the Palestinians responded by restating long-held positions already blamed for perpetuating the stalemate.

The announcement by Catherine Ashton, High Representative of the Union for Foreign Affairs and Security Policy, was made after a meeting of the Middle East Quartet -- the EU, the United States, Russia and the United Nations.

The Quartet discussed what to do next to encourage the two sides to resume "substantive" negotiations as soon as possible.

Palestinian President Mahmoud Abbas has demanded that Israel halt all settlement building in the occupied West Bank before Palestinians will restart talks.

Israel has made clear it is not ready to suspend settlement expansion beyond a 10-month hiatus it implemented a year ago, an issue over which U.S.-sponsored negotiations between the sides have remained frozen since September 2010.

Last month, Abbas formally asked the United Nations to recognize a Palestinian state in the West Bank and Gaza Strip, a move opposed by Israel and the United States. They say only a negotiated peace can end the Middle East conflict and create a Palestinian state alongside Israel.

In response to Ashton's statement, Nabil Abu Rdainah, a spokesman for Abbas, said that if Israel "recognizes the 1967 borders and freezes settlements, we are ready to go immediately" to talks the EU seeks to convene.

In Jerusalem, an Israeli official contacted by Reuters would not comment on the planned invitation, but suggested Israel would be ready to attend if no conditions were attached.

Israel has "repeatedly expressed its willingness to start direct peace talks with the Palestinians face to face without any preconditions whatsoever," the official said. He added: "We hope the Palestinians will be ready, too."

(Additional reporting by Allyn Fisher-Ilan in Jerusalem and Ali Sawafta in Ramallah; Reporting By Sebastian Moffett)

Source: http://us.rd.yahoo.com/dailynews/rss/mideast/*http%3A//news.yahoo.com/s/nm/20111009/wl_nm/us_israel_palestinians_eu

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Sunday, 9 October 2011

100 Self Help Selling Secrets ? Internet Business ? How To?

Introduction

This ebook will give you 100 self help/improvement product selling secrets. You get ideas for all kinds of profitable self help/improvement products to sell. Plus, you?ll get a ton of product benefit ideas to use in your salesletter.

1) You could sell affirmation products. You might state that the self help product will make people excited or help them abandon negative habits.

2) You might make acupuncture items. You can advertise that the self improvement product should make people surprised or help them abolish bad actions.

3) You can market anger management merchandise You may say that the self growth product can make people enthusiastic or help them abort defective beliefs.

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relationships.

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22) You might distribute grief therapy accessories You can publicize that the Self guided product should make people positive or help them curb gloomy procedures.

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26) You could make herbal remedies items. You might advertise that the self bettering product should make people organized or help them decrease sad recollection.

27) You might market horoscopes merchandise You can say that the self repairing product can make people driven or help them defeat poor opinion.

28) You can promote hypnosis services You may promote that the self aiding product would make people passionate or help them delete awful responses.

29) You should create inspirational stuff. You could mention that the self counseling product will make people tolerant or help them delay imperfect influences.

30) You may advertise intervention things. You promote publicize that the self enhancing product should make people energetic or help them depreciate careless manners.

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34) You should distribute manifestation accessories You could advertise that the self therapy product should make people gracious or help them direct unsatisfactory reflections.

35) You may auction mantras supplies. You promote say that the self educating product can make people attractive or help them discharge defiant expressions.

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38) You can make meditation items. You may publicize that the self fixing product should make people imaginative or help them dislodge weak thinking.

39) You should market memory repair merchandise You could write that the self maintenance product can make people capable or help them dissolve unfavorable outlooks.

40) You may promote mind movies services You promote market that the self learning product would make people healed or help them dodge pessimistic future.

41) You could create mind reprogramming stuff. You might state that the self bettering product will make people informed or help them dominate depressing results.

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44) You should suggest music therapy info products. You could promote that the self counseling product would make people initiative or help them ease gloomy occurrences.

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46) You could distribute neuro-feedback accessories You might publicize that the self help product should make people charitable or help them elude bad knowledge.

47) You might auction overcoming anxiety supplies. You can write that the self improvement product can make people insightful or help them end defective skills.

48) You can publish OCD management tools. You may market that the self growth product would make people respectful or help them endure sad effects.

49) You should sell overcoming fear products. You could state that the self therapy product will make people charming or help them entice poor ramifications.

50) You may make pain management items. You promote advertise that the self educating product should make people inspired or help them erase awful customs.

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52) You might promote positive attitude services You can promote that the Self guided product would make people clear or help them exclude careless traditions.

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56) You could suggest prayer info products. You might market that the self bettering product would make people pleased or help them halt unsatisfactory sentiments.

57) You might endorse problem solving equipment. You can state that the self repairing product will make people versatile or help them head defiant images.

58) You can distribute procrastination accessories You may advertise that the self aiding product should make people family oriented or help them influence terrible ideas.

59) You should auction psychiatry supplies. You could say that the self counseling product can make people smile or help them instruct rotten fate.

60) You may publish psychology tools. You promote promote that the self enhancing product would make people romantic or help them lead weak distinction.

61) You could sell recovery products. You might mention that the self help product will make people communicative or help them lessen unfavorable illusions.

62) You might make relaxation items. You can publicize that the self improvement product should make people likable or help them lighten pessimistic remembrance.

63) You can market religion merchandise You may write that the self growth product can make people composed or help them limit depressing attribute.

64) You should promote role modeling services You could market that the self therapy product would make people confident or help them lower adverse standpoint.

65) You may create role playing stuff. You promote state that the self educating product will make people logical or help them manage defeating overtones.

66) You could advertise self help mastermind things. You might advertise that the self management product should make people self controlled or help them mandate gloomy dreams.

67) You might publicize self hypnosis gear. You can say that the Self guided product can make people content or help them manipulate negative retrospection.

68) You can suggest self improvement info products. You may promote that the self fixing product would make people loving or help them master bad goals.

69) You should endorse self motivation equipment. You could mention that the self maintenance product will make people self-assured or help them minimize defective ambitions.

70) You may distribute self-confidence accessories You promote publicize that the self learning product should make people self-aware or help them monopoly sad aims.

71) You could auction self-esteem supplies. You might write that the self bettering product can make people coordinated or help them overrule poor aspirations.

72) You might publish sound therapy tools. You can market that the self repairing product would make people lucky or help them oversee awful desires.

73) You can sell spa treatment products. You may state that the self aiding product will make people wanted or help them overtake imperfect intents .

74) You should make spiritual items. You could advertise that the self counseling product should make people thankful or help them persuade careless intentions.

75) You may market spiritual healing merchandise You promote say that the self enhancing product can make people grateful or help them reduce damaging meanings.

76) You could promote step programs services You might promote that the self help product would make people blessed or help them reform unhealthy objectives.

77) You might create stress management stuff. You can mention that the self improvement product will make people joyful or help them regulate detrimental plans.

78) You can advertise stress reduction things. You may publicize that the self growth product should make people cheerful or help them rectify unsatisfactory purposes.

79) You should publicize subconscious mind gear. You could write that the self therapy product can make people delightful or help them remedy defiant hopes.

80) You may suggest subliminal messaging info products. You promote market that the self educating product would make people pleasured or help them remove terrible wishes.

81) You could endorse support groups equipment. You might state that the self management product will make people enjoyment or help them restrain rotten destinations.

82) You might distribute symbolism accessories You can advertise that the Self guided product should make people peaceful or help them rule weak anticipations.

83) You can auction taking action supplies. You may say that the self fixing product can make people thrill or help them run unfavorable fantasies.

84) You should publish task management tools. You could promote that the self maintenance product would make people exhilarated or help them seduce pessimistic forecasts.

85) You may sell team building products. You promote mention that the self learning product will make people courageous or help them shift depressing lifestyles.

86) You could make thankfulness items. You might publicize that the self bettering product should make people interested or help them shrink adverse predictions.

87) You might market transformation merchandise You can write that the self repairing product can make people triumph or help them slice defeating projections.

88) You can promote video therapy services You may market that the self aiding product would make people accomplishment or help them soften gloomy prophecies.

89) You should create vision boarding stuff. You could state that the self counseling product will make people relief or help them stop negative experiences.

90) You may advertise visualization things. You promote advertise that the self enhancing product should make people safe or help them succeed bad daydreams.

91) You could publicize wellness gear. You might say that the self help product can make people creative or help them sway defective expectations.

92) You might suggest persuasion info products. You can promote that the self improvement product would make people self-starting or help them switch sad visualizations.

93) You can endorse past life equipment. You may mention that the self growth product will make people crafty or help them assure poor prayers.

94) You should distribute accelerate learning accessories You could publicize that the self therapy product should make people balanced or help them takeover awful symbols.

95) You may auction self discipline supplies. You promote write that the self educating product can make people competitive or help them terminate imperfect accomplishments.

96) You could publish humor/comedy tools. You might market that the self management product would make people self-directed or help them touch up careless destiny.

97) You might sell inner detachment products. You can state that the Self guided product will make people secure or help them transfer damaging observations.

98) You can make social psychology items. You may advertise that the self fixing product should make people persistent or help them transition unhealthy successes.

99) You should market mind map services You could say that the self maintenance product can make people self-control or help them trim detrimental analysis.

100) You may promote mind power things. You promote promote that the self learning product would make people faithful or help them weaken unsatisfactory definitions.

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Saturday, 8 October 2011

Ideas To Enjoy Pontoon Boat Fishing : Article Feeder Blog

What a powerful way to go fishing with your beloved or just some buddys. Its like fishing through the living room! Pontoon boat fishing could be so much fun. I call it ?my den on the water?. You have couches, easy chairs, chairs with backs on them to help you lean back with coziness, a grill if essential, porta potty, swim platform and steps for when it gets too hot to fish and you must cool off in summer months time, bimini top for shade, a sink, plus a cooler those necessary beverages and foodstuff. All the comforts of home close to the water.

As for fishing, there is an abundance of room for everyone to fish comfortably. We contain a 24? long pontoon sail boat so someone can fish inside back or stern, your decide one in the front and bow, and two to the sides. Everyone can fish concurrently in comfort standing up or seated.

We had many good times catching panfish, northern pike, Walleye and striped bass to name a couple. Someone would toss some sort of bobber or floats rigged by using live bait of some choosing maybe a worm or a minnow and just relax until you purchase a bite. Others would cast some sort of spinner bait or some other kind of artificial entice hoping to entice some sort of northern pike or striped bass or anything else that might be lurking in the sea.

If the wind is exactly right and not as well strong, drifting is a powerful way to pontoon boat fish. However if ever the wind is too tough a pontoon boat will drift speedy. It acts a like a sailboat because it sits up high straight from the water plus if you have the bimini top up ?t?s going to catch the wind like a sail.

Pontoon boat fishing can be very safe for kids considering that sides are higher than most fishing boats. Plus a pontoon sail boat with good size pontoons could be pretty stable. If there are liquid skiers around you as well as dead fishing they will create quite a wake and make any boat unstable exactly like any other boat. We seek to point the boat into the waves when this develops. When the lake gets busier, we look for more secluded aspects of the lake such as bays or river inlets to anchor in. Then we fish next to some lily pads and weed beds and accept it easy. Sometimes, this just might be where you will find some panfish away from busy part of the lake.

We still gathering and enjoy some fishing fun and go swimming in the summer from our pontoon boat. This pontoon boat comes with provided numerous times from the water, fishing for panfish and enjoying your beloved and our friends.

Pontoon boat fishing along with the kids was always fun once they were younger. Actually it still is fun now likely adults. Now they can bait ones own hook! Click here: http://pontoon-boat-ladders.com/ and http://pontoon-boat-ladders.com/ladders/2-step-over-platform-telescoping-boat-ladder-stainless to find out more.

Source: http://www.articlefeeder.com/blog/recreation-and-sports/31452-ideas-to-enjoy-pontoon-boat-fishing

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Mobile Payments for Physical Goods to Exceed $170bn Globally by ...

Posted By Kenneth G. Mages, on October 6th, 2011

?Mobile Payment?

?
Mobile Payments for Physical Goods to Exceed $170bn Globally by 2015
MarketWatch (press release)
HAMPSHIRE, UNITED KINGDOM, Oct 06, 2011 (MARKETWIRE via COMTEX) ? A new report by Juniper Research forecasts that the yucky merchandise transaction value of mobile payments for physical goods will exceed $170 billion worldwide by 2015. ?
NFC: Not a One-Trick Pony
Connected World Magazine
You've heard a lot about near-field communication recently thanks to the release of Google Wallet, as well as other NFC mobile-payment systems such Isis. But this technology is not limited to retail and POS (top-of-sale) solutions. ?
Selecting a Payment Dispensation Terminal for Your POS
Top of Sale
There are a lot of changes appearance to the payments industry during the next 2 ? 3 years. With smart cards, NFC mobile payments, place-based marketing, and interactive loyalty? a new world is appearance. Your POS equipment could limit your ability to ?
insideVirtual Welcomes Capgemini to its PaymentsMarket Media Network ?
San Francisco Tale (press release)
Capgemini will also be presenting "What's in Store for US Chip-Enabled Payments: EMV and Mobile" including findings from their 2011 World Payments Report in a free webcast on October 17, 2011 at 1:00 pm EST. PaymentsMarket.com offers an online market ?
Office Max on board with Google Wallet
NFCNews
OfficeMax has deployed new payment terminals in more than 100 stores in support of Google's mobile contactless payments service, Google Wallet. Google Wallet users can now pay for their office supplies with a single tap of their NFC-enabled phone, ?
Zillow incorporates mortgage tool on mobile app
VatorNews
The Seattle-based Zillow (NASDAQ: Z) has upgraded its mobile residential real estate search application by adding the Zillow Mortgage Marketplace to its platform. Now when users find a dream home on the application they can utilize the payment ?
Nine Ways to Avoid Debit Card Usage Fees
Fox Business
Why not pay with checks to get your money's worth out of the deal? Switch to mobile payments. Smartphone technology allows you to use your cell phone as a payment device. If your merchant is equipped to process payments in this manner, consider paying ?
Why The NFC No-Show For Apple? It's The Apple Encounter
StorefrontBacktalk
Apple on Tuesday (Oct. 4) made the boldest?and smartest?mobile payment go it maybe could: nothing. Based on nearly any metric?customer encounter, market share domination, ROI/profit enhancement, pushing the sales of non-payment hardware ?
PayPal Introducing New Eccommerce Solution
ZippyCart
Mobile payments already account for a fantastic part of PayPal's business- about $10 million in mobile total payments daily. When PayPal's new technology is officially released, consumers mobile payments will most likely skyrocket. ?
Pay what you want! Does it have a honest future in gaming?
GameDev.net
? The other thing i reckon more online stores should do is to support payment via SMS (Most kids have a mobile phone, most don't have a credit or debit card, if you want them to buy your game its probably a excellent thought to provide a payment mode they ?
Payment cards complement student IDs in campus laundry facilities
CR80News (blog)
The WaveRider logic also features a Web-based portal called WaveVision that enables students to view the status of washers and dryers from a computer or mobile phone. They can register to receive text messages, alerting them when their laundry cycles ?
'Electronic wallet' will boost mobile booking
Hotel News Now
White said the development of applications to ease the payment process, such as an ?electronic wallet,? will be crucial. Particularly, she cited Google Wallet and an early development by PayPal as huge steps in the right direction. ?
Ubiquitous computing: Up close
The Economist
America, Britain and other countries are also experimenting with various mobile-payment technologies, including NFC-enabled phones. Fans of these envisage a future in which people's wallets and purses will get sucked into smartphones too. ?
BTRC claim: GP seeks govt intervention
Daily Star Online
Mobile operator Grameen-phone yesterday sought the government's intervention to resolve a dispute with the telecom regulator over not paid revenue and tax. On Monday, Bangladesh Telecommunication Regulatory Commission questioned the operator to pay Tk 3034 ?
Asiacell makes final licence fee payment
Telecompaper (subscription)
Iraqi operator Asiacell has made the final payment on its USD 1.25 billion mobile telephony licence fee to the Iraq Commission of Media and Communications. Its last instalment totalled USD 375 million. Asiacell president Faruk Mustafa Rasool stressed ?
Karl Weaver to present on Mobile Security at Microsoft October 8, 2011
MediaSyndicate (press release)
? security against Malware attacks on Mobile (NFC) Payment Smart Phones/Tablets at the 2011 Washington State ?Global Mobile and Cloud Conference in Redmond at Microsoft HQ Convention Center on Microsoft's main Redmond campus on October 8th @ 2:30PM. ?
P&F High Pole ? NCV, NCZ, NDN, NTE, PAY
Retirement Preparation
The components, modules and subassemblies are used in numerous electronic products, including mobile phones, Internet protocol (IP) phones, notebook computers, digital cameras, electronic toys, and handheld video game devices, and learning devices. PAY ?
MICROCAPITAL BRIEF: Bangladesh Bank Issues Guidelines on Mobile Microfinance
MicroCapital
[1] Authorised mobile financial services (MFSs) include inbound foreign remittances; cash deposits and withdrawals via agents, bank twigs, automated teller machines (ATMs) or mobile operators' outlets; and payment transfers between individuals and ?
SWACHA Survey Reveals Consumers Likely to Avoid Debit Card Fees by Using ?
PR.com (press release)
This consumer data is part of SWACHA's 2011 Consumer Insights Survey, which tracks consumer trends in electronic payments such as debit and credit cards and mobile banking. The initial results of SWACHA's survey were first revealed on September 12, ?
Fourth Quarter 2011 Summary From Voip-Pal.Com Inc. Corporate Bring up to date
PR Newswire (press release)
The acquisition was centered on Bleam/CallArc's payment platform for users to use corporate Loyalty Points to make free phone calls. The acquisition was completed and the integration of both the Voip-Pal and Bleam websites were being built and enhanced ?
Junction Solutions Introduces CLEARthru, the First Mobile and Web ERP-based ?
MarketWatch (press release)
? and mobile/web-enabled product sourcing and traceability. Available as a Software-as-a-Service (SaaS), Junction Solutions' eCommerce offering provides B2B and B2C organizations with webstore development and management, payment authentication and ?
Jail term for synagogue office fraudster
Jewish Tale
The 43-year-ancient went on to spend ?2600 of shul money on a new kitchen at her Alwoodley home, and ?1575 on her son's mobile phone bill. The discovery of one fake payment of ?647, by all accounts for room hire, led officials at the Shadwell Lane shul to ?
Qtel's Asiacell says pays off final tranche of Iraq mobile license fee
Zawya (subscription)
"This represents the final payment towards Asiacell's mobile telecommunications license fee of $1250000,00," Qtel said in a statement posted on the Abu Dhabi exchange's website Wednesday. Asiacell was established in 1999 and competes locally with Zain ?
Evolution1 Participates in HR Technology(R) Conference & Expo
MarketWatch (press release)
About Evolution1 Evolution1 and its Partners serve more than seven million consumers, making it the nation's largest electronic payment, on-premise and cloud computing healthcare solution that administers reimbursement accounts, including HSAs, HRAs, ?
Blogs 16 new results for 'Mobile Payment"
?
Visa Adds Mobile Payment Pioneer to Help Bring Mobile Financial ?
By Kenneth G. Mages
This isn't the first time we've heard such news, we mentioned this briefly back in July as a response to other mobile payment systems such as Google Wallet and more. Along with the retail store in Manhattan appearance November 1st, Paypal ?
Near Field Communication (NFC)?
Mobile payments for goods to triple by 2015 | TechJournal South
By admin
Mobile payments is going to be just as huge a deal as many have predicted. A new report by Juniper Research forecasts that the yucky merchandise transaction value of mobile payments for physical goods will exceed $170 billion worldwide by ?
TechJournal South
Goodbye to the Traditional Wallet, Enter the Mobile Wallet | Mobile ?
By Justin
The following is a guest post from Tope Abayomi, Founder of Emityme Apps. Can your customers pay for product and/or services through a mobile phone? If.
Mobile Marketing Watch
Retail apps have fuelled mobile payments growthGoMo News
By Tony Dennis
Rating: Mobile buyers spend more than cash buyers says Juniper The yucky merchandise transaction value of mobile payments for physical goods will exceed $170 billion worldwide by 2015, according to a new report just released by Juniper ?
GoMo News
No NFC in the iPhone 4S | Mobile Marketing Universe ? All about ?
By Magnus
What does it mean for mobile marketing and payments? It will primarily delay the implementation of loyalty cards and mobile payment systems using NFC for about a year but in the long term we are still confident that Apple and others will ?
Mobile Marketing Universe ? All?
Mobile Payments for Physical Goods to Exceed $170bn Globally by ?
A new report by Juniper Research forecasts that the yucky merchandise transaction value of mobile payments for physical goods will exceed $170 billion worldwide by 2015. This is nearly triple the $60 billion forecast for 2011.
AndhraNews.net ? News & Feature Updates
Steve Jobs Passed Away
By Steve Myers
The impact Jobs had on the payment dispensation industry is still being defined even now after his quick. Mobile Payments are a booming sector in payment dispensation, and technology is still being developed and tweaked and polished to ?
Will NFC lead to the cashless society? ? Bango blog
By Andy Bovingdon
And although the company featured in the BBC article withdrew their logic just one year later, the promise of contactless mobile payments continued to grow and develop using Near Field Communications (NFC) technology. NFC has long ?
Bango blog
Despite Widespread Online Spending Intentions for Cyber Monday ?
By admin
Mobile Payments & Online Shopping Survey of U.S. Consumers.? The survey, which looked at U.S. consumers who self-reported that they are active users of the Internet, revealed that one-third of consumers intend to buy more online ?
By A Computer
The Future of Mobile ERP | My Content Builder
By juliabennet
Printed in the latest report you find that with the appearance fads for mobile apps, cash transfer would peak the catalog of main concerns while others were near the field of communication, mobile payment and services depending on the place. ?
My Content Builder
Introducing NFC INDX: Free data for everyone | Payment Industry ?
By John B. Frank
Payment Industry and NFC Mobile News Blog ? Refresh the epayment News Blog ? John B. Frank Linked In Profile ? jfrank@ePINDebit.com ? Subscribe to web2feel.com ? ePayment News ? NFC Card Writer/Reader/Viewer with PIN Encryption ?
Payment Industry and NFC Mobile?
wipit Wallet Android Application ? DroidMill Android Store
wipit is a simple and quick way to pay for buys in many of your favorite mobile apps. Pick the payment mode that works best for you: you can make a wipit Prepaid account and top off cash at one of 10, 000+ locations, or you can link ?
DroidMill
An Overview of the G2P Payments Sector in India: Opportunities ?
By Paul Breloff & Sarah Rotman
ASHAs (Accredited State Shape Activists) in Bihar receiving their incentive payments through Eko's mobile money transfer service. We often write on this blog about the potential to link government-to-person (G2P) payments to financial ?
CGAP Technology Blog
Android Training: A Journey From End User To A Developer.
There is no limit to ones creativity , some mobile payment/banking or local services over augmented reality have recently being introduced to the Android App market . Any one, be it a student or a freelancer can earn handsomely by ?
Latest Articles on EzineMark.com
Encounter technology come to life at du stand during Gitex ?
By Teletechwire
Visitors to the Du stand at the Gitex Shopper stand will be able to browse through and buy any of Du's product and service propositions ? for both individuals and businesses. These include Elite Plot subscriptions, Pay as you Go, Mobile ?
Teletechwire
Net 1 Ueps Technologies, Inc. ? Net 1 Ueps Technologies ? ? Sharenet
Net1 operates market-leading payment processors in South Africa, Republic of Korea, Ghana and Iraq. In addition, Net1`s proprietary Mobile Virtual Card technology offers secure mobile payments and banking services in developed and ?
Sharenet JSE Stock Exchange News?

Source: http://nfcdata.com/blog/2011/10/06/mobile-payments-for-physical-goods-to-exceed-170bn-globally-by-2015/

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Friday, 7 October 2011

Odd?accounting behind Postal Service woes

By Bob Sullivan

You might have heard that the United States Postal Service is in trouble: that it's losing billions, that it will have to end Saturday service and close branches ? and most inflammatory, that it might need a government bailout. Perhaps you heard that the Postal Service couldn't pay $5.5 billion bill that came due Sept. 30 and that only an emergency postponement saved it from the government's equivalent of default.

In fact, it's the Postal Service that?s currently bailing out the U.S. government. Politicians have been raiding Postal Service revenues for years, using them to make the federal deficit appear smaller than it really is. The fiscal gyrations are so twisted that the Postal Service is right now forced to pre-pay health care benefits for employees the agency hasn't even hired yet ? in fact, for many future employees who haven't even been born yet ? all to artificially shrink the federal deficit.

It's these crushing accounting tricks, not the cost of delivering mail, that has pushed this 200-year-old institution to the brink.

Welcome to the wacky world of Washington, D.C., accounting.

There's a long and a short story to the tragic tale of Postal Service financial trouble. I'll start with the short one. Right now, the Postal Service is being forced to pre-pay health benefits for the next 75 years during a 10-year stretch. In the past four years, those prepayments have totaled $21 billion. The agency's deficit during that time is about $20 billion. Remove these crazy pre-payments ? a requirement that no other government agency endures and no private industry would even consider ? and the Postal Service would be in the black.

Of course, it's not quite that simple. And no one denies that the rise of e-mail has meant the fall of first-class mail, creating a real long-term challenge to USPS relevancy. But the current fiscal "crisis" is entirely manufactured by the Washington way ? in fact, the payment missed on Sept. 30 represents this year's tithe to the federal deficit, disguised as health care benefits layaway for a mail carrier the agency might not hire until the year 2060.

The controversy over the future of the post office has been slowly coming to a head, and it reached a fever pitch around the Sept. 30 payment, meant to satisfy this year?s health care pre-payment costs. The agency begged for a delay, which it received ? but that led to detractors? calling for immediate reforms, such as post office closings and the elimination of Saturday delivery. But supporters have rallied to the agency?s side ? about 500 rallies were held last week all around the country in support of the agency.?

Meanwhile, some advocates are desperately trying to call attention to the USPS?s unique budget situation, which is not quite the crisis it appears.

?It is clear that these prepayments for future retiree health care benefits are ? at this point ? the primary reason for the U.S. Postal Service's financial crisis,? Ralph Nader wrote in a letter to Congress last week. ?In fact, simply looking at the numbers reveals that the Postal Service's ?financial crisis? is in fact an entirely manufactured crisis.?

Why would the Postal Service find itself in this crazy arrangement, bleeding red ink today so it can pay for employees? health benefits 50, 60, or 75 years from now? Believe it or not, there is an explanation, but it's not so simple ? delivered with fair warning from Jim Sauber, chief of staff of the National Association of Letter Carriers.

"It takes a long time to explain how crazy and complicated it is," he said.

But a quick tour into this fiscal crisis is incredibly instructive as to the ways of Washington, and failing to understand it might mean someday soon you won?t get mail at your house any longer.

First, it's important to note that the USPS is financially self-sufficient. Since the 1970s, it has been mandated by Congress to operate entirely on its own revenue, with no taxpayer money. It's an enormous agency ? with $65 billion in annual revenue, it would be a Fortune 50 company if it were a private entity. As a quasi-government agency, it enjoys privileged fiscal status ? its revenue and expenses are "off budget," meaning Congress isn't supposed to be able to toy with them. It shares this privileged state with only one other government entity: the Social Security Trust Fund. But as you know, Congress finds a way to toy with everything.

In 2006, Congress passed the "Postal Accountability and Enhancement Act" to modernize the agency's stamp-price-setting tools and a host of other elements of mail delivery. That law set up this seemingly crazy health care prepayment fund.

To bean counters at the U.S. Treasury Department, however, the fund made perfect sense. It was a crazy arrangement to cover for another crazy arrangement the Postal Service escaped in 2006.

When former members of the U.S. military take a government job, their military service counts as annual credits toward pension eligibility. This holds true when service members take postal jobs ? but who pays for the value of those credits? In 2006, the Postal Service was shouldering that cost on its balance sheet, even though there was general agreement that the Treasury Department should be responsible for pension credit earned prior to employment with the Postal Service. The 2006 law shifted the burden from the USPS, but that meant an addition burden on the Treasury ? that is, it would have added to the federal deficit. So to balance out that negative on Treasury's balance sheet, the Postal Service was ordered to make health care pre-payments equivalent to the cost of the pension cost shift.

The problem of military pension credits itself was a creation of just such a deficit-hiding accounting trick. In 2002, an audit of the USPS budget found it had overpaid into the federal government's pension plan by roughly $80 billion. Postal Service officials lobbied hard have its pension payments readjusted. They were, in 2003, but in order to make the shift revenue neutral, military pension credit costs were shifted from Treasury to the USPS.

The 2006 law passed by Congress was designed to put an end to this fiscal football.

In the middle part of the last decade, the Postal Service was so awash in operating cash that the 10-year tithe to the federal government seemed a small price to pay for a promise that the crazy cost shifting would be over in a decade. In the meantime, the cash played a small but measurable part in reducing the federal deficit.

"But it became very clear that these payments were unaffordable once the economy tanked," Sauber said. In short order, the health care prepayments became ?a million-pound weight? on the Postal Service budget.

Sauber and other Postal Service advocates say the Postal Service would have no trouble balancing its own budget if Congress and the Treasury Department stopped adding billions to its annual expenses through fiscal maneuvering.?

Still, powerful forces have gathered in an attempt to use this budget bickering as an excuse to reform the post office dramatically. Rep. Darrell Issa (R-Calif.), the Republicans? top government cost-cutting advocate in the House and head of the powerful Committee on Oversight, has introduced legislation that would dramatically alter the agency. His Postal Reform Act of 2011 would end Saturday delivery, create a commission to study post office closings and create a Solvency Authority that could break union contracts if the agency fell into the red.

Last month, President Barack Obama proposed that the Post Office end Saturday delivery. His proposal offered some relief from health care prepayments, but it merely by spreading the costs out over a longer period of time. Issa responded by calling Obama's plan a "thinly veiled attempt to offset continued operating losses with a taxpayer-funded bailout."

Others have advocated complete dismantling of the service, turning mail delivery over entirely to private industry. Rarely do those arguing against mention that the Postal Service starts its year in a hole designed to hide a portion of the federal deficit.

A Heritage Foundation report published last month called "You've Got (No) Mail: Is the End Near for the Post Service?" indicated that the agency "barely avoided default" and was down to "a week's worth of cash."

"Congress should act quickly to address this not-so-slow-motion postal train wreck. The goal, however, should not be to ?save? USPS or even to save mail delivery," the report said. It mentioned the pension overpayments but made no mention of the health care costs prepayment, and it concluded that the USPS cannot survive unless supported by "tens of billions of dollars in subsidy."

Sauber says it?s hard to counter such arguments with a long discussion of Washington accounting tricks.

"It's so much easier to say, ?Oh, it?s the Internet.? That seems obvious, but that's not really what's going on,? he said. ?It is frustrating for letter carriers to have to deal with all this misinformation. ? It?s easy to demagogue on this, for people who don?t like government workers to say the Postal Service is failing because it?s a government agency. But in this case the easy explanation isn?t the right explanation."

The postal workers' union favors legislation proposed by Reps. Elijah Cummings, D-Md., and Stephen Lynch, D-Mass., that would allow the agency to access overpayments to the federal pension system, and to restructure its health care prepayments, to solve its immediate budget woes.

It's also hitting back at critics with an aggressive TV ad campaign that began running last month.

"Congress created this problem, and Congress can fix it," the ads say.

Sauber doesn't deny that the Postal Service has problems. Revenue shrank from $74 billion to $67 billion from 2008 to 2010. Mail volume plummeted from 202 billion to 170 billion pieces during that same stretch, a 22 percent fall. While the drop parallels the recession, common sense dictates that even a robust economic recovery probably won't lead to an increase in handwritten love letters.

But Sauber says the rise of the Internet has created almost as many opportunities as problems for the Post Office ? package delivery from online shopping has soared, for example. Meanwhile, the agency has shrunk full-time employee ranks from 663,000 to 583,000.

The Postal Service hasn?t always done itself any favors ? long lines, unhelpful employees and stories of double-dipping by pensioners feed the public?s notion that change is needed.

"We know we have to change. But the right way to do that is to clear up this artificial fiscal crisis now, survive the recession and then see where we are," he said, "not to gut the Postal Service now based on misinformation and budget politics."

Follow Bob Sullivan on?Facebook?or?Twitter.?

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Source: http://redtape.msnbc.msn.com/_news/2011/10/06/8191425-surprise-government-demands-bailout-from-post-office

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